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Amid Safety Fears, Feds Release Guardrail Crash Findings

2015-09-11 23:51:56| Automakers - Topix.net

The finding comes as the maker of the guardrail system, Trinity Industries, faces a federal investigation into its dealings with state and federal safety officials and is fighting a state Department of Transportation over new crash tests for the embattled guardrail system. The Federal Highway Administration and the American Association of State Highway and Transportation Officials had created a task force to investigate crashes in which vehicles hit guardrail end terminals after it was revealed in 2012 that one of the guardrail makers, Trinity, had modified one of its end terminal models, the ET-Plus, years before and failed to notify state or federal officials as required.

Tags: release safety findings crash

 

Actelion in talks with ZS Pharma amid surge in biotech deal-making

2015-09-11 10:33:22| Biotech - Topix.net

Swiss drugmaker Actelion Ltd has initiated preliminary discussions with U.S. biotech company ZS Pharma Inc, marking the latest bout of deal-making in a healthcare sector that has seen a wave of recent takeovers. Actelion, Europe's biggest biotech company, and ZS Pharma both issued statements late on Thursday stating that they had held preliminary discussions, but did not specifically mention if the talks were related to a buyout.

Tags: talks surge biotech pharma

 
 

Focus on refinancing amid car sales slump

2015-09-09 21:58:30| Auto Dealers - Topix.net

THE SLUMP in car sales has sent several hire-purchase operators shifting from car loans to the low-risk refinancing market, according to Ayudhya Capital Auto Lease, or Krungsri Auto. Managing director Pairote Cheunkrut said yesterday that the competition this year was more intense because more players have promoted refinancing to offset the decline in new car loans.

Tags: sales car focus refinancing

 

Disney unveils Star Wars toys amid marketing blitz

2015-09-09 21:47:33| Toys - Topix.net

The release of the new Star Wars movie may still be months off, but Disney is unleashing its full marketing "Force" behind the launch of hundreds of toys and other items related to the film. The massive marketing blitz, which Disney has named "Force Friday," spans all kinds of media and included an 18-hour global "unboxing" streamed live on YouTube.

Tags: star marketing toys wars

 

ABB lowers growth outlook amid China slowdown

2015-09-09 09:34:09| Electronics - Topix.net

ABB Ltd. on Wednesday lowered its five-year growth outlook and launched a big reorganization of its business as the power and automation giant said it faced slower global growth, including in China. Zurich-based ABB, the world's largest maker of power grids, cut its annual revenue growth target to 3% to 6% between 2015 and 2020 from 4% to 7% previously.

Tags: china growth outlook amid

 

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